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ContinuousWave: Whaler Marketplace
Value of 2003 Montauk 170?
|Author||Topic: Value of 2003 Montauk 170?|
posted 08-18-2008 11:40 AM ET (US)
Anyone want to give an opinion on fair price?
Haven't seen the boat, but no obvious problems in pics. Includes 2003 Mercury 90HP 2 stroke saltwater series (~100 hours), two 6.6-gallon fuel tanks, 2003 EZ Load Trailer, factory rod holders and cooler seat, front seat cushion, bimini top.
|Casco Bay Outrage||
posted 08-18-2008 11:45 AM ET (US)
Go to www.boattrader.com and do an advanced search on
You will see 12 entries with prices. Go to Yachtworld and repeat search.This will give you some information to judge the candidate boat against.
posted 08-18-2008 12:56 PM ET (US)
Thanks, Casco. $16.9-$23.9 asking price. I realize I'm asking the impossible question, but it is supposedly a buyer's market, so what is fair value?
|Casco Bay Outrage||
posted 08-18-2008 02:07 PM ET (US)
Factors for setting a reasonable offer to a buyer.
Is it being sold by a dealer? (list them higher)
Are there several others offered in the local market area? How does the candidate appear in comparison to one of the listings.
Candidate boat matches description/motor/accessories/engine hours/etc of two listings, # A and #B.
Candidate is in midwest, Broker is asking 24k
A initial offer would be 18-20. Settle on 22K. More than FL, less than CA
Remember, this is a hypothetical example and price points were made up to show my point, not tell you the dollar amount.
To protect your candidate from poachers, email me the link to the listing and I will give you one opinion.
posted 08-18-2008 02:41 PM ET (US)
Thanks Casco, you've got mail.
posted 08-18-2008 02:56 PM ET (US)
2003 and a 2 smoke? That boat new was only like $20k. You can get a new one for about $25k with a new 4 stroke. Remember that boat is noew 6 years old with no warranty on engine. I would think $16k is a good starting point.
posted 08-18-2008 06:24 PM ET (US)
fwiw, the boat sold before I could get serious. I emailed the seller and he said he sold it for $17.5 to a non-local buyer who didn't even run the motor.
posted 08-19-2008 09:30 AM ET (US)
Thanks for the update wingman, looks like the initial investment was well spent. I priced a Montauk 170 in 2003 and was quoted 21k out the door with a 90 2s. Buying then and being able to sell now for 17.5 after 5 years of enjoyment would be doing very well.
posted 08-19-2008 10:35 AM ET (US)
I was the one who sold the boat and enjoyed being a Montauk owner. The boat was great but limited in that you had to pick your day out in the chesapeake bay. We are moving up to a larger boat and hope that we get the same enjoyment out of the new boat. If anybody is thinking about getting into boating the Montauk is the way to go. It was my first boat and I purchased the boat thinking that if I did not like boating I could sell the boat with only a small financial loss. I purchased the boat new in july 2003 for 18,000 (including trailer) I only added some SS rod holders and a FF and sold it for 17,500. The sale was quick. In the 12 days I had it listed I had about 10 people contact me but the first to show up at my house bought the boat. Although the boat only depreciated 500 in 5 years I thought the new owner was getting a great deal and though I sold it for to little.
If you are looking for and economical way to enjoy boating the Montauk is the way to go. If I do not end up with another whaler (I and looking for a 23ft walk around)I want to thank everybody that contributed to this site and made my whaler experience that much better.
posted 08-21-2008 10:29 PM ET (US)
i just bought a 2004 montuck with a 90 2 strock for 14500 and there was another one , the same year with a 4 strock 90 for 14900 (perfect condition) at sea island marine in beaufort SC The guy i bought mine from still had the original bill of sale for 20,300 in jan of 04
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